Reuters reported China's Zoomlion Heavy Industry Science and Technology Co Ltd has abandoned its $3.4 billion bid for Terex Corp after failing to agree terms, clearing the way for a smaller deal between Terex and Finland's Konecranes.According to the...
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May 27, 2016, 07:14 AM
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Reuters reported Finland's Konecranes has agreed to buy Terex Corp's cranes business for ports and factories for 1.1 billion euros ($1.3 billion), in a move that cancels a planned full merger and allows the U.S. firm to pursue talks with a rival...
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May 16, 2016, 08:00 AM
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Terex Corporation announced the a number of senior executive changes.Tim Ford, currently President, Terex Cranes, is leaving the Company to pursue other opportunities. With Mr. Ford’s departure, Ken Lousberg, currently President of Terex China, will...
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August 20, 2015, 07:01 AM
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Terex Corporation and Konecranes Plc jointly announced that their respective Boards of Directors have unanimously approved a definitive business combination agreement and the resulting all-stock merger of equals. Konecranes and Terex will combine to...
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August 11, 2015, 08:02 AM
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